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Influence of industry type on the relationship between international operations and risk

机译:行业类型对国际运营与风险之间关系的影响

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摘要

Reducing strategic risk has become an issue of paramount importance to corporations. One way to reduce such risk is through international operations. However, published research reports conflicting findings on the relationship between international operations and risk reduction. In addition, the literature leaves one avenue largely unexplored, namely, industry influence. Using a sample of 367 firms, this study tests for the relationship between internationalization and risk across global and multi-domestic industries. Study findings indicate a negative relationship between risk and internationalization, indicating that firms are benefited by reduced risk through internationalization. Additionally, regression models indicate the incremental rate of benefits due to internationalization is greater in the case of global industries, compared to multi-domestic industries.
机译:降低战略风险已成为公司的头等大事。降低此类风险的一种方法是通过国际运营。但是,已发表的研究报告对国际运营与降低风险之间的关系提出了矛盾的结论。此外,文献还留下了一种尚未被广泛探索的途径,即产业影响力。本研究以367家公司为样本,测试了国际化和全球及多国产业风险之间的关系。研究结果表明,风险与国际化之间存在负相关关系,这表明通过国际化,企业可以从降低的风险中受益。此外,回归模型表明,与多国内产业相比,国际产业带来的国际化收益增加率更大。

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